Canada
News
May 12, 2017
Days after a tight election made the Green Party a power-broker in Canada’s westernmost province, Justin Trudeau’s government is introducing a bill to ban crude oil tankers from using ports along the northern coast of British Columbia.
News
May 08, 2017
British Columbia Premier Christy Clark’s push to expand oil pipelines and develop a liquefied natural gas industry on Canada’s Pacific Coast is at risk as she faces a tight election battle Tuesday with a rival who vows to turn back the clock on energy projects.
News
May 05, 2017
By the time Midwesterners fire up their furnaces this fall, the $2-billion Nexus pipeline is supposed to be pumping natural gas to heat homes from frosty Ohio to frostier Ontario. But six months out, the 255-mi (410-km) pipeline exists only on paper.
News
April 28, 2017
The Petroleum Services Association of Canada (PSAC), in its second update to the 2017 Canadian Drilling Activity Forecast, announced its revision of the forecasted number of wells drilled (rig released) across Canada for 2017 to 6,680 wells.
News
April 24, 2017
The $20 billion of oil-sands assets that Canadian producers bought from foreign companies in a recent spate of deals shows they’re doubling down on their operations and the region’s resources, Alberta Energy Minister Marg McCuaig-Boyd said.
News
April 24, 2017
Return Energy Inc. has acquired, through its wholly-owned subsidiary, Winslow Resources Inc., certain partner interests in its core area of Rycroft, north of Grande Prairie, Alberta, for cash consideration of $750,000 (subject to final adjustments).
News
April 20, 2017
Encana continues to successfully advance its five-year plan, which it expects will deliver industry-leading cash flow growth and returns. The company's Montney asset plays an integral part in this plan and will contribute significant high-value condensate, non-GAAP cash flow and margin growth
News
April 20, 2017
Now that multi-national energy producers have sold their stakes in Canada’s oil sands, local companies are hatching plans to make some real changes.
News
April 17, 2017
The worst may not be over for everyone in Canada’s oil patch even as crude prices show signs of stability.
News
April 11, 2017
Packers Plus Energy Services Inc. has announced the ongoing success of cemented hybrid completions in Canada, using TREX Cemented Diffusor Sleeves and Hydraulic Toe Sleeves in combination with other completion methods.
News
April 11, 2017
Here at the top of the world, January brought a glimpse of the anxious future facing Alaska’s once-mighty oil pipeline.
News
April 06, 2017
An ongoing disruption at Canada’s second-biggest oil sands upgrader has sent prices soaring from Alberta to Louisiana.
News
April 06, 2017
Source Energy Services Ltd., Canada’s largest distributor of fracing sand, or proppant, is seeking to raise C$175 million ($130 million) in an initial public offering, reviving the deal after it was postponed last month as oil prices fell, according to people familiar with the sale.
News
April 05, 2017
Patterson-UTI Energy reported today the company had an average of 88 drilling rigs operating in the U.S. and two rigs in Canada for the month of March 2017.
News
April 04, 2017
China became the biggest buyer of U.S. crude in February, surpassing Canada, at a time when OPEC is cutting back output.
News
April 04, 2017
Canadian crude shipments to the U.S. are poised to shrink just as the effects of OPEC-led output cuts are being felt in the Caribbean.
News
April 03, 2017
Malaysia’s Petroliam Nasional Bhd may be looking at building a $27-billion liquefied natural gas export terminal in northwestern Canada on the site of an abandoned Royal Dutch Shell Plc energy project, according to the company’s CEO.
News
April 02, 2017
Four years ago, Canada’s government tried to keep state-owned companies out of Alberta’s oil sands. Now, they may be around for a while.
News
March 31, 2017
Cenovus Energy Inc. plans to raise about C$1.8 billion ($1.35 billion) from property sales as it seeks to offset the cost of its C$17.7 billion purchase of ConocoPhillips’ Canadian oil assets, according to people familiar with the matter.
News
March 30, 2017
ConocoPhillips has signed an agreement with Cenovus to sell its 50% non-operated interest in the Foster Creek Christina Lake (FCCL) oil sands partnership, as well as the majority of its western Canada Deep basin gas assets, for a total of $13.3 billion.
News
March 28, 2017
Prices for light crude surged after an oil-sands upgrader shut for maintenance and reduced supply caused by preparations to place the Dakota Access pipeline into service.
